1351 Armadale Ave, Los Angeles, CA 90042
1351 Armadale Ave, Los Angeles, CA 90042
1351 Armadale Ave, Los Angeles, CA 90042
1351 Armadale Ave, Los Angeles, CA 90042
1351 Armadale Ave, Los Angeles, CA 90042
1351 Armadale Ave, Los Angeles, CA 90042
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RYAN STEELE

RYAN STEELE

+1(818) 900-1859
$ 4,240,000
Est. payment | /mo

24 Beds

16 Baths

11,856 SqFt

Save
$ 4,240,000
Est. payment | /mo
Save

24 Beds

16 Baths

11,856 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,856 sqft

Price per Sqft $357

MLS Listing ID 26875093

Bedrooms 24

Year Built 1958

Lot Size 0.393 Acres

Acres 0.3932

Property Sub-Type Multi-Family

Property Description

1351 Armadale Avenue is a well-maintained 16-unit apartment community in Highland Park, offering investors an attractive value-add opportunity in one of Los Angeles' most supply-constrained multifamily markets. The property features a balanced unit mix of eight one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, appealing to a broad tenant base and supporting long-term occupancy. Residents also benefit from on-site laundry and 16 parking spaces. Its established operating history and well-maintained interiors and exteriors provide a strong foundation for current income, while limited new apartment development, high replacement costs, and continued housing demand support long-term growth. Located near major employment centers in Downtown Los Angeles, Pasadena, and Glendale, residents enjoy convenient access to Figueroa Street, York Boulevard, Old Pasadena, and Eagle Rock. The property is also near Occidental College, Pasadena City College, and Caltech. Its desirable location, below-market rents, and value-add potential position 1351 Armadale Avenue for continued rental demand, income growth, and long-term appreciation.

Location

State CA

County Los Angeles

Area Highland Park

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Flooring Wood

Equipment Range/Oven, Refrigerator, Hood Fan, Dishwasher

Laundry Laundry Area, Community

Exterior

Parking Features Assigned, Gated, Private

Garage Spaces 16.0

Pool In Ground, Fenced, Community

Amenities Available Pool, Picnic Area, Gated Parking

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Matthews Real Estate Investment Services

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1351 Armadale Ave